HR's objective & Function

Management:
Human resource management's objective, on the other hand, is to maximize the return on investment from the organization's human capital and minimize financial risk. It is the responsibility of human resource managers in a corporate context to conduct these activities in an effective, legal, fair, and consistent manner.

Human resource management serves these key functions:

1. Recruitment & Selection.
2. Training and Development (People & Organization).
3. Performance Evaluation and Management.
4. Promotions.
5. Redundancy.
6. Industrial and Employee Relations.
7. Record keeping of all personal data.
8. Compensation, pensions, bonuses etc in liaison with Payroll.
9. Confidential advice to internal 'customers' in relation to problems at work.
10. Career development.